General Announcement::Results of the meetings of the holders of Foreign Currency Convertible Bonds ( Bondholders )

Issuer & Securities

Issuer/ Manager
3I INFOTECH LIMITED
Securities
3IINFOTEUSD16.323M2.5%CB250331 - XS1423751418 - 66DB
3IINFOTECH US$2.435MCB170726 - XS0308551166 - 3JDB
3IINFOTECUS$125.356M5%CB170426 - XS0769181982 - 2CCB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
07-May-2021 23:49:58
Status
New
Announcement Sub Title
Results of the meetings of the holders of Foreign Currency Convertible Bonds ( Bondholders )
Announcement Reference
SG210507OTHRN35Y
Submitted By (Co./ Ind. Name)
3i Infotech Limited
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This is to inform you that the Bondholders of the Company, through an extraordinary resolution passed at their meetings held on May 6, 2021 (adjourned meetings convened pursuant to the initial meeting of Bondholders held on 20 April 2021 being inquorate), have approved certain amendments to the terms and conditions of the Bonds and respective trust deeds constituting the Bonds in order to provide the Company with a right to redeem the Bonds before their maturity date, subject to the terms and conditions mentioned in the extraordinary resolution. The extraordinary resolution is subject to approval of the Reserve Bank of India (RBI). The Company is in the process of approaching RBI for approval.

This is for your information and record please.

Attachments